Bookbuilding IPO | ₹10 Cr | Listed at BSE SME | Mon, Aug 4, 2025 - Wed, Aug 6, 2025
BLT Logistics IPO is a book build issue of ₹9.72 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹9.72 crore.
BLT Logistics IPO bidding started from Aug 4, 2025 and ended on Aug 6, 2025. The allotment for BLT Logistics IPO was finalized on Aug 7, 2025. The shares got listed on BSE SME on Aug 11, 2025.
BLT Logistics IPO price band is set at ₹75 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,60,000.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Spread X Securities Pvt.Ltd..
Refer to BLT Logistics IPO RHP for detailed Information.
IPO Open
Mon, Aug 4, 2025
IPO Close
Wed, Aug 6, 2025
Issue Price
₹75 per share
Market Cap (Pre-IPO)
₹35.97 Cr
| IPO Date | 4 to 6 Aug, 2025 |
| Listed on | Mon, Aug 11, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 |
| Issue Price | ₹75 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 12,96,000 shares (agg. up to ₹10 Cr) |
| Reserved for Market Maker | 94,400 shares Spread X Securities Pvt.Ltd. (agg. up to ₹0.7080 Cr) |
| Fresh Issue (Ex Market Maker) | 12,01,600 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 12,01,600 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 35,00,000 shares |
| Share Holding Post Issue | 47,96,000 shares |
| BSE Script Code | 544474 |
| ISIN | INE0W4K01013 |
BLT Logistics IPO comprises a total issue size of 12,96,000 shares. The net offer to the public is 12,01,600 shares, after excluding 94,400 shares allotted on a firm basis. Of the Net offer 5,98,400 (49.80%) are allocated to QIB, 1,80,800 (15.05%) allocated to NII 4,22,400 (35.15%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 5,98,400 | 49.80% | 46.17% |
| − Anchor Investor Shares Offered | 3,58,400 | 27.65% | |
| − QIB (Ex. Anchor) Shares Offered | 2,40,000 | 18.52% | |
| NII (HNI) Shares Offered | 1,80,800 | 15.05% | 13.95% |
| − bNII > ₹10L | 1,20,000 | 9.26% | |
| − sNII < ₹10L | 60,800 | 4.69% | |
| Retail Shares Offered | 4,22,400 | 35.15% | 32.59% |
| Firm Reservations | |||
| Market Maker Shares Offered | 94,400 | 7.28% | |
| Total Shares Offered | 12,96,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
BLT Logistics IPO raises ₹2.69 crore from anchor investors. BLT Logistics IPO Anchor bid date is August 1, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Aug 1, 2025 |
| Shares Offered | 3,58,400 |
| Anchor Portion (₹ Cr.) | 2.69 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Sep 10, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Nov 9, 2025 |
Incorporated in 2011, BLT Logistics Limited is engaged in providing surface transportation of goods in containerized trucks and warehousing services to various industries and businesses.
The company's logistics operations are supported by its fleet, Sabarmati Express India Private Limited, and third-party operators, providing necessary transportation facilities like containerised trucks from small fleet owners and agents.
As of March 31, 2024, the company owns an operational fleet of 90 vehicles (3.5MT to 18MT) and 15 vehicles (9MT) as part of its 99.99% subsidiary, Sabarmati.
Services:
BLT Logistics Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 26.27 | 21.32 |
| Total Income | 49.43 | 40.73 |
| Profit After Tax | 3.84 | 3.13 |
| EBITDA | 9.56 | 8.48 |
| NET Worth | 8.78 | 4.94 |
| Reserves and Surplus | 5.30 | 1.46 |
| Total Borrowing | 13.65 | 12.02 |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement of our company towards purchase of trucks (“Vehicles”) and ancillary equipment (“Equipment”) | 3.88 |
| 2 | To Meet Working Capital Requirements | 2.80 |
| 3 | General Corporate Purpose | 1.59 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | -30.88% |
| ROCE | 22.34% |
| Debt/Equity | 1.55 |
| RoNW | 43.73 |
| PAT Margin | 6.27% |
| EBITDA Margin | 19.44% |
| Price to Book Value | 2.99 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.97 | 8.00 |
| P/E (x) | 6.84 | 9.37 |
| Promoter Holding | 99.95% | 72.94% |
| Market Cap | ₹35.97 Cr. |
The BLT Logistics IPO is subscribed 467.79 times on August 6, 2025 3:14:38 PM (Day 3). The public issue subscribed 521.36 times in the individual investors category, 65.44 times in the QIB category, and 876.73 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 65.44 | 2,40,000 | 1,57,05,600 | 0 |
| NII* | 876.73 | 1,80,800 | 15,85,13,600 | 0 |
| bNII (bids above ₹10L) | 1,035.28 | 1,20,000 | 12,42,33,600 | |
| sNII (bids below ₹10L) | 563.82 | 60,800 | 3,42,80,000 | |
| Individual Investors | 521.36 | 4,22,400 | 22,02,20,800 | 0 |
| Total | 467.79 | 8,43,200 | 39,44,40,000 | 84,797 |
Total Application : 84,797
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commissions payable to the BRLM (including any underwriting commission, brokerage and selling commission) | 1.03 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees payable to Legal Advisor | 0.03 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.08 |
| 5 | Fees Payable to Regulators including Stock Exchange and other Intermediaries | 0.11 |
| 6 | Fees payable to Peer Review Auditor | 0.02 |
| 7 | Fees Payable to Market Maker (for Three Years) | 0.12 |
| 8 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDP | 0.06 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹75.00 |
| Open | ₹90.95 |
| Low | ₹90.95 |
| High | ₹95.49 |
| Last Trade | ₹95.49 |
Lead Manager Reports
BLT Logistics IPO is a SME IPO of 12,96,000 equity shares of the face value of ₹10 aggregating up to ₹10 Crores. The issue is priced at ₹75 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Aug 4, 2025, and closes on Wed, Aug 6, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in BLT Logistics IPO using UPI as a payment gateway. Zerodha customers can apply in BLT Logistics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in BLT Logistics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The BLT Logistics IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025.
BLT Logistics IPO lot size is 1600, and the minimum amount required for application is ₹2,40,000, with 2 lots being the minimum application size.
You can apply in BLT Logistics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for BLT Logistics IPO will be done on Thursday, August 7, 2025, and the allotted shares will be credited to your demat account by Fri, Aug 8, 2025. Check the BLT Logistics IPO allotment status.
The BLT Logistics IPO listing date is on Mon, Aug 11, 2025.
